David B. Berger - 28 Feb 2022 Form 4 Insider Report for TANDEM DIABETES CARE INC (TNDM)

Role
EVP & Chief Operating Officer
Signature
s/David B. Berger
Issuer symbol
TNDM
Transactions as of
28 Feb 2022
Net transactions value
-$90,813
Form type
4
Filing time
02 Mar 2022, 18:32:26 UTC
Previous filing
03 Feb 2022
Next filing
21 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNDM Common Stock Options Exercise $0 +407 +9.1% $0.000000 4,858 28 Feb 2022 Direct
transaction TNDM Common Stock Tax liability $15,853 -141 -2.9% $112.43 4,717 28 Feb 2022 Direct F1
transaction TNDM Common Stock Options Exercise $18,860 +1,000 +21% $18.86 5,717 01 Mar 2022 Direct F2
transaction TNDM Common Stock Sale $112,680 -1,000 -17% $112.68 4,717 01 Mar 2022 Direct F3
holding TNDM Common Stock 242 28 Feb 2022 Berger Family Trust F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TNDM Restricted Stock Unit Options Exercise $0 +407 +13% $0.000000 3,658 28 Feb 2022 Common Stock 407 Direct F5, F6, F7
transaction TNDM Stock Option Options Exercise $18,860 +1,000 +2.1% $18.86 48,000 01 Mar 2022 Common Stock 1,000 $18.86 Direct F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Tandem Diabetes Care, Inc. (the Company) to satisfy tax withholding requirements on vesting of restricted stock units (RSU). No shares were sold.
F2 Represents shares of common stock received upon exercise of a stock option award.
F3 The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 11, 2021.
F4 The securities are held by the Berger Family Trust dated April 16, 2008.
F5 Granted pursuant to the Tandem Diabetes Care, Inc. 2013 Stock Incentive Plan (the 2013 Plan).
F6 Each RSU represents a contingent right to receive one share of common stock of the Company.
F7 RSU vest as to twenty-five percent (25%) of the total number of shares subject to the RSU on 5/27/2021, and the remaining shares shall vest in twelve (12) equal quarterly installments thereafter.
F8 The options vested as to fifty (50%) of the underlying shares on 6/14/2019, and the remaining shares vested in twelve (12) equal monthly installments thereafter, subject to the terms of the 2013 Plan.
F9 The expiration date for these options is 10 years from the date of grant.